Passengers using the subway and local trains in the Italian capital city of Rome can now use their contactless bank card to pay for the journeys they make each day — and can also opt to use their card as a replacement for their monthly travel pass... More
UK-based neobank Revolut has implemented a Strong Customer Authentication (SCA) system that lets customers use their mobile banking app to authenticate their contactless card as they get close to reaching the new contactless transaction limit, avoiding the risk of having their card declined when they next attempt to make an in-store purchase... More
Banks are at risk of losing up to 15% of global payments revenue, valued at US$280bn, due to “the growth of digital payments and competition from non-banks”, Accenture predicts — but they also have the opportunity to capture US$500bn in new payments-related revenues “if they adopt innovative business models”... More
UK-based neobank Monzo is to use app notifications to provide customers who have a contactless card transaction declined due to new Strong Customer Authentication (SCA) requirements with the information needed for them to successfully complete their transaction... More
US Apple Card holders shopping at Walgreens and Duane Reade stores can now earn 3% cashback on their purchases when they use their mobile phone to make an Apple Pay payment with their Apple Card... More
PepsiCo has launched a loyalty programme that lets customers use their mobile phone to scan a code printed on drink bottles and snack bags to earn 10% cashback each time they buy both a drink and a snack — and receive their rewards as an automatic credit to their PayPal or Venmo account each time their balance reaches US$2... More
Mastercard has announced it is to work with blockchain specialist R3 “to develop and pilot a new blockchain-enabled cross-border payments solution that will initially focus on connecting global faster payments infrastructures, schemes and banks supported by a clearing and settlement network operated by Mastercard”... More
RTD, the transportation operator for the city of Denver which launched a transit ticketing integration with Uber in May 2019, has now added a further integration with travel planning app Transit, enabling users to plan and purchase RTD tickets from within the Transit app... More
Customers of National Australia Bank will be able to begin viewing receipts for their purchases from within their mobile banking app from later this year... More
Public transportation users in the Turkish capital of Ankara can now upload an AnkaraKart transit pass to their NFC mobile phone and use it to make payments on bus, subway and light rail services... More
Catalonia, the semi-autonomous region of Spain which includes the city of Barcelona, is to develop an electronic identity platform that “turns the citizen into owner, manager and exclusive custodian of his identity and data”... More
All Nissan vehicles manufactured in Brazil are to come factory-installed with Sem Parar RFID tags, enabling them to be used to make in-vehicle payments for electronic tolls, car parking, fuel and retail transactions — including at McDonald’s drive-thrus across the country... More
Dutch supermarket giant Albert Heijn has opened an autonomous mini supermarket that lets shoppers use their bank card to gain entry to the store, select items valued at up to the contactless card limit of €25 and then self-checkout — without the need to first download an app... More
A new feature due to be added to Android 10 will make it possible for Google Pay users to quickly access details of all their stored payment cards from their lockscreen — and then easily select from the list the card they wish to use for their next transaction... More
A new feature in Android 10 will make it possible for consumers to choose whether or not they wish to be able to make NFC card emulation transactions without first unlocking their device... More
China’s central bank has released further details of its forthcoming digital currency — including the news that citizens will be able to use it to exchange money and make payments in an NFC-like manner... More
Users of Japanese rail operator JR East’s Suica stored value transit cards will soon be able to start collecting loyalty points when they use their account to pay for their journeys — and will receive four times as many points when they use Suica to make a payment with their mobile phone rather than a plastic card... More
Swift has published a new open banking API standard that “allows a payer’s bank to earmark funds for a purchase in advance, guaranteeing that the future payment will be honoured”... More
Merchants in Poland are to be the first to pilot a new service that enables them to accept contactless payments of any amount “via a smartphone or tablet, in the same way a traditional payment terminal functions but with no additional equipment”... More
NFC connectivity is to play a major role in the delivery of a new generation of cordless kitchen appliances which work in conjunction with wireless power transmitter hotspots built into kitchen work surfaces to replace the need for traditional plugs and cables... More
